Finance

Debt

ÁKK Fulfills 86% of 2022 Financing Plan

Hungary's Government Debt Management Agency (ÁKK) fulfilled 86% of its 2022 financing plan by the end of September, ÁKK said...

Banking

Sberbank Loan Portfolio Acquisition Lifts Lending Stock in Aug

The acquisition of the credit portfolio of failed Sberbank Magyarország "fundamentally influenced" lending transactions in the month of August, the...

Banking

Czech C. Bank Keeps Rates on Hold

The Czech National Bank kept its key interest rates unchanged for the second straight meeting on Thursday, according to Tradingeconomics.com....

Debt

ÁKK Sells HUF 40 bln in Securities

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 billion of securities at auction yesterday, as planned, according...

Debt

Gov’t Sector Deficit 2.8% of GDP in H1 – KSH

Hungary's government sector had a HUF 893.2 billion deficit in the first half, equivalent to 2.8% of GDP, data released...

MNB

MNB Augurs Slowdown in Pace of Inflation After September

The National Bank of Hungary (MNB) expects CPI to continue to rise for the rest of the year, albeit at...

MNB

MNB Raises 1-Week Deposit Rate to 13%, Level With Base Rate

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 125 bp to 13% ahead...

Banking

MKB Bank, Takarékbank Merger to be Dubbed MBH Bank

MKB Bank and Takarékbank will merge in May 2023 and take the name MBH Bank, Magyar Bankholding said this week....

MNB

MNB Raises Base Rate by 125 bp to 13%

The Monetary Council of the National Bank of Hungary (MNB) raised the central bank base rate by 125 bp to...

Trade

Naturland Holding Shares Start Trading on BSE

Shares of Naturland Holding have started trading on the Budapest Stock Exchange's (BSE) Xtend platform, tailored to SMEs, the BSE...

Debt

Q2 C/a Deficit Reached EUR 2.63 bln

Hungary's current account had a EUR 2.630 billion deficit in Q2, according to quarterly data released by the National Bank...

Banking

Banking Sector in a Difficult Situation, Says Csányi

I feel that not everyone in a position managing the economy sees clearly that the banking sector is in a...

Debt

Czech Foreign Debt Decreased Slightly in Q2

Czech Republic's foreign debt decreased by CZK 64 billion (some EUR 2.6 billion) in the second quarter of 2022, lying...

Debt

ÁKK Adds 6-Month Tenor to T-Bills

The Government Debt Management Agency (ÁKK) on Wednesday said it decided to introduce a six-month discount Treasury bill, in addition...

Banking

Banking Assoc Wants Floating Mortgage Rate Freeze Phased Out 

The Hungarian Banking Association argued for a gradual phaseout of a freeze on floating mortgage rates in a statement issued...

Debt

ÁKK Fulfills 86% of 2022 Financing Plan

Hungary's Government Debt Management Agency (ÁKK) fulfilled 86% of its 2022 financing plan by the end of September, ÁKK said...

Banking

Sberbank Loan Portfolio Acquisition Lifts Lending Stock in Aug

The acquisition of the credit portfolio of failed Sberbank Magyarország "fundamentally influenced" lending transactions in the month of August, the...

Banking

Czech C. Bank Keeps Rates on Hold

The Czech National Bank kept its key interest rates unchanged for the second straight meeting on Thursday, according to Tradingeconomics.com....

Debt

ÁKK Sells HUF 40 bln in Securities

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 billion of securities at auction yesterday, as planned, according...

Debt

Gov’t Sector Deficit 2.8% of GDP in H1 – KSH

Hungary's government sector had a HUF 893.2 billion deficit in the first half, equivalent to 2.8% of GDP, data released...

MNB

MNB Augurs Slowdown in Pace of Inflation After September

The National Bank of Hungary (MNB) expects CPI to continue to rise for the rest of the year, albeit at...

MNB

MNB Raises 1-Week Deposit Rate to 13%, Level With Base Rate

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 125 bp to 13% ahead...

Banking

MKB Bank, Takarékbank Merger to be Dubbed MBH Bank

MKB Bank and Takarékbank will merge in May 2023 and take the name MBH Bank, Magyar Bankholding said this week....

MNB

MNB Raises Base Rate by 125 bp to 13%

The Monetary Council of the National Bank of Hungary (MNB) raised the central bank base rate by 125 bp to...

Trade

Naturland Holding Shares Start Trading on BSE

Shares of Naturland Holding have started trading on the Budapest Stock Exchange's (BSE) Xtend platform, tailored to SMEs, the BSE...

Debt

Q2 C/a Deficit Reached EUR 2.63 bln

Hungary's current account had a EUR 2.630 billion deficit in Q2, according to quarterly data released by the National Bank...

Banking

Banking Sector in a Difficult Situation, Says Csányi

I feel that not everyone in a position managing the economy sees clearly that the banking sector is in a...

Debt

Czech Foreign Debt Decreased Slightly in Q2

Czech Republic's foreign debt decreased by CZK 64 billion (some EUR 2.6 billion) in the second quarter of 2022, lying...

Debt

ÁKK Adds 6-Month Tenor to T-Bills

The Government Debt Management Agency (ÁKK) on Wednesday said it decided to introduce a six-month discount Treasury bill, in addition...

Banking

Banking Assoc Wants Floating Mortgage Rate Freeze Phased Out 

The Hungarian Banking Association argued for a gradual phaseout of a freeze on floating mortgage rates in a statement issued...

ÁKK Fulfills 86% of 2022 Financing Plan

Hungary's Government Debt Management Agency (ÁKK) fulfilled 86% of its 2022 financing plan by the end of September, ÁKK said...

Sberbank Loan Portfolio Acquisition Lifts Lending Stock in Aug

The acquisition of the credit portfolio of failed Sberbank Magyarország "fundamentally influenced" lending transactions in the month of August, the...

Czech C. Bank Keeps Rates on Hold

The Czech National Bank kept its key interest rates unchanged for the second straight meeting on Thursday, according to Tradingeconomics.com....

ÁKK Sells HUF 40 bln in Securities

The Government Debt Management Agency (ÁKK) sold a combined HUF 40 billion of securities at auction yesterday, as planned, according...

Gov’t Sector Deficit 2.8% of GDP in H1 – KSH

Hungary's government sector had a HUF 893.2 billion deficit in the first half, equivalent to 2.8% of GDP, data released...

MNB Augurs Slowdown in Pace of Inflation After September

The National Bank of Hungary (MNB) expects CPI to continue to rise for the rest of the year, albeit at...

MNB Raises 1-Week Deposit Rate to 13%, Level With Base Rate

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 125 bp to 13% ahead...

MKB Bank, Takarékbank Merger to be Dubbed MBH Bank

MKB Bank and Takarékbank will merge in May 2023 and take the name MBH Bank, Magyar Bankholding said this week....

MNB Raises Base Rate by 125 bp to 13%

The Monetary Council of the National Bank of Hungary (MNB) raised the central bank base rate by 125 bp to...

Naturland Holding Shares Start Trading on BSE

Shares of Naturland Holding have started trading on the Budapest Stock Exchange's (BSE) Xtend platform, tailored to SMEs, the BSE...

Q2 C/a Deficit Reached EUR 2.63 bln

Hungary's current account had a EUR 2.630 billion deficit in Q2, according to quarterly data released by the National Bank...

Banking Sector in a Difficult Situation, Says Csányi

I feel that not everyone in a position managing the economy sees clearly that the banking sector is in a...

Czech Foreign Debt Decreased Slightly in Q2

Czech Republic's foreign debt decreased by CZK 64 billion (some EUR 2.6 billion) in the second quarter of 2022, lying...

ÁKK Adds 6-Month Tenor to T-Bills

The Government Debt Management Agency (ÁKK) on Wednesday said it decided to introduce a six-month discount Treasury bill, in addition...

Banking Assoc Wants Floating Mortgage Rate Freeze Phased Out 

The Hungarian Banking Association argued for a gradual phaseout of a freeze on floating mortgage rates in a statement issued...